facebook
Traded Co logo
Submit
Daily limit: 0/10

Newmark Brokers Sale Of 267,280 SF Industrial Property In Fort Worth

Property Image
SOLD
Stephen Bailey
Dustin Volz
+ 3

Texas

See Similar Deals
Industrial267,280 SF
Sold 06/07/2024
the dealplayerscompscontact
Property Image
SOLD

Newmark Brokers Sale Of 267,280 SF Industrial Property In Fort Worth

11085 Harmon Road

See Similar Deals
Industrial267,280 SF
Sold 06/07/2024
Stephen Bailey
Dustin Volz
+ 3
Contact now

Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:267,280 SF
Transaction Type:Sale

The industrial property involved in the transaction is DFW Point35 — Building 1, located at 11085 Harmon Road in Fort Worth. The property spans 267,280 square feet and was constructed in 2023. It is currently fully leased to GITI Tire.

Summary of transaction details:

Newmark facilitated the sale of the industrial property. The buyer's identity has not been revealed, while the seller was represented by a partnership between Stonemont Financial Group and Iron Point Partners. The presence of these key individuals and companies underscores the significant role each played in the successful completion of the transaction.

Players

Stephen Bailey
48 deals$323.3M volume(214) 450-7470
BROKER

Dustin Volz
Newmark
49 deals$432.2M volume(972) 322-5671
BROKER

Zach Riebe
Newmark
32 deals$297.5M volume(979) 255-4431
BROKER

Dom Espinosa
Newmark
34 deals$254.5M volume(512) 694-0380
BROKER


Details

SOLD
IMAGE: Zack Markwell, Chloie Johnson Mercer, Dom Espinosa, Dustin Volz, Stephen Bailey & Zach Riebe DATE: 06/07/2024 ADDRESS: 11085 Harmon Road MARKET: Fort Worth ASSET TYPE: Industrial ~ SF: 267,280 SELLER: Zack Markwell - Stonemont Financial Group; Iron Point Partners BROKERS: Caroline Wilson, Chloie Johnson Mercer, Dom Espinosa (@Domhoncho), Dustin Volz, Stephen Bailey (@StephenBailey9) & Zach Riebe - Newmark (@Newmark) NOTE: Newmark brokered the sale of DFW Point35 — Building 1, a 267,280-square-foot industrial property in Fort Worth, built in 2023 and fully leased to GITI Tire. The seller, a partnership between Stonemont Financial Group and Iron Point Partners, was represented by Newmark, while the buyer remains undisclosed.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$0.00

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00